VT Stays on Track

Friday, September 29, 2006
VT Group, the support services and shipbuilding company, said it remains on course to deliver results for the first half of the year in line with its expectations. In a statement ahead of the Nov 14 release of results for the first half, the group said its order book currently stands at 3.5 bln stg. Turning to divisional performances, the group said VT Communications has achieved strong revenue growth in the first half and has recently been awarded an initial 5 year contract with a potential value of 20 mln stg million, commencing in January 2007, to broadcast analogue and digital shortwave programmes for Deutsche Welle, the German public broadcaster. VT Shipbuilding continues to make good progress on production of the Royal Navy's Type 45 destroyers. The Royal Navy Offshore Patrol Vessel (Helicopter), HMS Clyde, is set to be deployed to the Falkland Islands next Spring. Negotiations with the Sultanate of Oman for the construction of three Ocean Patrol Vessels continue to progress, with contract completion expected before the end of 2006, the group added. Source: afxnews
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Costa Concordia: Operations to Tow the Wreck Begin

Maneouvres began early on Wednesday to remove the rusty hulk of the Costa Concordia cruise liner from the Italian island where it struck rocks and capsized two years ago, killing 32 people.

Thai Resort Owners Sue State Owned Company for Oil Spill

Business owners on Koh Samet island are suing a state-owned petroleum enterprise for the oil spill that polluted the resort island's beaches last year. More than 50,

Bahrain US$35-M Land Reclamation Contract for GLDD

Provider of dredging services in the United States and a major provider of environmental & remediation services, Great Lakes Dredge & Dock Corporation (GLDD) says

Marine Science

2H Offshore Joins Deepwater Mining Consortium

2H Offshore, an Acteon company, has joined an international European consortium comprising nineteen industry and research organizations to develop deepwater mining solutions.

Industry's First Color Fishfinder by Lowrance

Lowrance, a world-leading brand in marine electronics since 1957 — announced today the newest additions to its Elite family of fishfinder and chartplotter products,

Lowrance Announces Outboard Pilot

Lowrance, a world-leading brand in fishing electronics since 1957— announced today its all-new Outboard Pilot for use with the Lowrance High Definition System (HDS) series.

 
 
Maritime Security Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1119 sec (9 req/sec)